Nvidia CEO has single-handedly tanked the Quantum Computing public market--and he was wrong anyway

Advanced Computing, AI/ML, Chips, and Extended Reality

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President Biden has signed an executive order further limiting semiconductor exports, with the aim to help maintain a U.S. edge over China in AI. Much of the tech industry is pushing back saying that this executive order will actually do more harm both to the U.S. tech industry and to many of our closest allies.

Nvidia’s CEO, Jensen Huang, has single-handedly tanked the quantum computing public market. In comments last week, he stated that useable QC remained elusive. He argued that we won’t see useful QC within the next 15 years but will before 30 years. Eventually, he narrowed it down and said that we should have the tech within 20 years.

D-Wave Systems CEO Alan Baratz retorted that his company had commercial quantum computers that customers are using today to run their companies. Baratz explained that Huang seems only familiar with one approach to QC requiring error-correction, commonly known as gate-based quantum computing. A gate-based approach does require e…